Nuclear News: Exelon delays plan for Texas nuclear plant
Today's big stories from the nuclear industry:
AP: Exelon delays plan for Texas nuclear plant
’COLUMBUS, Ohio (AP) - Power generator Exelon Corp. said Tuesday it has called off plans for now to build a new nuclear plant in Texas because of worries over the economy and the limited availability of federal loan guarantees. The Chicago-based company, the largest nuclear power generator in the U.S., is the second company in the past two months to postpone work for a new nuclear plant. St. Louis-based AmerenUE said in April that it was suspending work on a reactor in Missouri. "We just aren't in a place to pursue the nuclear project," John Rowe, Exelon's chairman and CEO, told The Associated Press in an interview regarding the company's plans to add two nuclear reactors in Victoria, Texas. But the projects are so expensive, running an estimated $6 billion to $8 billion per unit, that they are proving difficult to finance.’
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